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The S&P BSE Sensex nosedived 834.39 points to 75,459.21 at 10 am, while the NSE Nifty50 fell 251.95  points to trade at 22,819.85.
On the Sensex, all the stocks stood in red, painting a bleak picture for the investors. Zomato clocked the largest fall in the session so far and plunged over 5 per cent.